Xiaomi Grapples With Geopolitics And Doubt on Hong Kong Debut

The video discusses the challenges Xiaomi faced during its IPO, including valuation concerns and regulatory scrutiny, leading to a lower-than-expected market debut. It also covers Tencent's plans to spin off its music business in a New York IPO, highlighting the potential competition with Spotify.

What was a major concern for investors regarding Xiaomi's valuation?

• Its global trade issues

• Its reliance on smartphone sales

• Its comparison to Apple

• Its internet services

How much did Xiaomi raise in its IPO compared to expectations?

• 10 billion US dollars

• 5 billion US dollars

• 3.1 billion US dollars

• 7 billion US dollars

What was the initial market reaction to Xiaomi's IPO on the Hong Kong Stock Exchange?

• Shares traded up by 11%

• Shares traded down by 11%

• Shares remained stable

• Shares were not traded

Where is Tencent planning to spin off its music business?

• New York

• Shanghai

• London

• Hong Kong

Who is a key investor in Tencent Music?

• Amazon

• Spotify

• Google

• Apple